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Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 160,438 $ 165,402 $ 524,076 $ 467,097
Cost of products sold 106,301 107,109 337,328 314,147
GROSS PROFIT 54,137 58,293 186,748 152,950
Costs and expenses        
Selling 12,732 11,245 38,133 33,573
General and administrative 17,794 17,467 54,624 50,724
Goodwill impairment 0 6,529 0 6,529
Research and engineering 5,840 4,741 16,793 14,878
Other operating (income) expense, net (2,307) 937 (10) 2,472
Total costs and expenses 34,059 40,919 109,540 108,176
OPERATING INCOME 20,078 17,374 77,208 44,774
Other (expense) income        
Interest income 478 143 1,201 359
Interest expense (998) (819) (3,198) (2,129)
Other income, net 18 898 165 6,497
Total other income (expense) (502) 222 (1,832) 4,727
INCOME BEFORE INCOME TAXES 19,576 17,596 75,376 49,501
Income tax expense 4,431 5,707 18,348 11,590
NET INCOME 15,145 11,889 57,028 37,911
Net income attributable to noncontrolling interests (15) (2) (28) (27)
NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS $ 15,130 $ 11,887 $ 57,000 $ 37,884
AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:        
Basic 4,906 4,937 4,929 4,935
Diluted 4,990 5,036 5,006 4,983
EARNINGS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS:        
Basic $ 3.08 $ 2.41 $ 11.56 $ 7.68
Diluted $ 3.03 $ 2.36 $ 11.39 $ 7.6